Swancor Advanced Materials Co., Ltd. produces and sells corrosion resistant resins and protection materials. The company was founded in 2000 and is base in Shanghai, China.
Swancor Advanced Materials Dividend Announcement
• Swancor Advanced Materials announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-24
• Swancor Advanced Materials annual dividend for 2024 was ¥0.06
• Swancor Advanced Materials annual dividend for 2023 was ¥0.02
• Swancor Advanced Materials's trailing twelve-month (TTM) dividend yield is 0.8%
• Swancor Advanced Materials's payout ratio for the trailing twelve months (TTM) is 23.61%
Swancor Advanced Materials Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-24 | ¥0.04 | semi annually | 2024-10-24 |
| 2024-05-22 | ¥0.02 | semi annually | 2024-05-22 |
| 2023-05-23 | ¥0.02 | semi annually | 2023-05-23 |
| 2021-05-27 | ¥0.08 | semi annually | 2021-05-27 |
Swancor Advanced Materials Dividend per year
Swancor Advanced Materials Dividend Yield
Swancor Advanced Materials current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Swancor Advanced Materials stock? Use our calculator to estimate your expected dividend yield:
Swancor Advanced Materials Financial Ratios
P/E ratio42.01
PEG ratio0.06
P/B ratio2.48
ROE5.99%
Payout ratio23.61%
Current ratio2.24
Quick ratio2.00
Cash Ratio0.28
Swancor Advanced Materials Dividend FAQ
Does Swancor Advanced Materials stock pay dividends?
Swancor Advanced Materials does not currently pay dividends to its shareholders.
Has Swancor Advanced Materials ever paid a dividend?
No, Swancor Advanced Materials has no a history of paying dividends to its shareholders. Swancor Advanced Materials is not known for its dividend payments.
Why doesn't Swancor Advanced Materials pay dividends?
There are several potential reasons why Swancor Advanced Materials would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Swancor Advanced Materials ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Swancor Advanced Materials has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Swancor Advanced Materials a dividend aristocrat?
Swancor Advanced Materials is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Swancor Advanced Materials a dividend king?
Swancor Advanced Materials is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Swancor Advanced Materials a dividend stock?
No, Swancor Advanced Materials is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Swancor Advanced Materials stocks?
To buy Swancor Advanced Materials you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Swancor Advanced Materials stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Swancor Advanced Materials stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.